Post
Topic
Board Speculation
Re: Bitcoin drops sharply by about 300$ today!
by
Ahimoth
on 05/09/2018, 14:32:03 UTC
What is interesting is that the price goes up very slow right now but falls incredibly fast, even though it was not a large drop but still 300$ in few minutes means someone sold a whole lot of BTC.

The gravity of reality can be a bitch and what goes up must come down. There's always resistance on the uptrend and a not as much when it comes crashing back down to earth and this has a spiraling effect when weak hands start panic selling. I wouldn't sweat the small stuff though as these ups and downs are just part of bitcoin and we should learn to ride them out as there will be a hell of a lot more of this to come.
Honestly I always felt bad whenever bitcoin is hitting down low because we're all being affected in a bad way. This isn't good as it should be because we're being hit too. Well there's nothing that we can do but just to wait until it recovers. For some time we all know that bitcoin is gonna come back and. make a surge to rise again.